AUDCAD H1 - LONG

We are waiting for prices to give us a confirmation on the direction it is going. If prices breaks out of the descending trendline, we will be looking for a LONG opportunity if we get a pullback.

A breakout of the descending trendline isn't enough, UNLESS it breaks above previous structure high as well, creating an immediate higher swing high, to tell us that the bulls are in control now.